Just hours before the release of the Federal Reserve’s latest rate decision, fresh inflation data showed that price increases slowed notably in May. The new report is a sign that inflation is cooling again after proving sticky early in 2024, and it could help to inform Fed officials as they set out a future path for interest rates. Policymakers had embraced a rapid slowdown in price increases in 2023, but have turned more cautious after inflation progress stalled early this year. The latest...

Less than two weeks after a Manhattan jury found Donald Trump guilty of 34 counts of falsifying business records, Judge Juan Merchan sent a letter to attorneys for both the prosecution and defense, highlighting the existence of a Facebook comment that purported to reveal the jury’s verdict before it was officially announced. Jurors were instructed not to reveal the case’s verdict to anyone in advance, but it is unknown whether Merchan sent the letter only out of an abundance...

Inflation rose at 3.3% year-over-year last month — slightly down from the 3.4% that was forecast by analysts. The consumer price index ticked down slightly from the 3.4% headline rate from April. Core inflation, which excludes volatile food and energy prices, also rose 0.2% — slightly lower than expected. Dow futures soared before the opening bell on Wall Street on Wednesday as investors hope the latest numbers bolster the case for the Fed to begin cutting interest rates later this year...

U.S. inflation slowed in May, extending an easing in price increases after a hot start to the year. The consumer-price index, a measure of goods and service costs across the economy, rose 3.3% annually last month, the Labor Department said Wednesday. Core prices that exclude volatile food and energy items climbed 3.4% from a year earlier. Stock futures jumped after the report, while Treasury yields fell. Wednesday’s inflation report, which came hours before a Federal Reserve...

Inflation cooled in May, new data showed Wednesday, delivering a welcome piece of news just hours before the Federal Reserve is set to make its latest announcement on interest rates. Consumer prices rose 3.3% from a year earlier, slowing from April’s 3.4% rate, according to the Bureau of Labor Statistics’ latest Consumer Price Index report released Wednesday. On a monthly basis, prices were flat, a slower pace from April’s 0.3% gain.

Hot Ones has released a new hot sauce-flavored vodka. We tested it out to see if it's ready to join in on your regular rotation of spicy cocktails.

by Michael Snyder, The Economic Collapse Blog: Every night, huge groups of young people are literally taking over streets in large cities all over America.  In many cases, major intersections are completely blocked off for stunts and dangerous competitions involving vehicles.  These events are called “street takeovers”, and they are often accompanied by theft, violence […]

by Sean Adl-Tabatabai, The Peoples Voice: In 1917 Austrian philosopher Rudolf Steiner predicted that an ‘experimental vaccine’ would be unleashed on humanity in the future that would end up destroying the human soul. Steiner was a philosopher, educator, and spiritualist, and over the course of his career he published several award-winning books and papers on […]

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